Press Release

Nov, 27 2023

Revolutionizing Child-Resistant Packaging: Unveiling Innovations and Sustainability in Material Types for Enhanced Safety and Compliance

The child resistant packaging market offers diverse product solutions such as caps and closures, blister and clamshells, joint container tubes, bags and pouches, cartons, and more. Material types encompass plastic, glass, metal, and paper/paperboard, catering to various safety needs. This market addresses the growing demand for secure packaging in pharmaceuticals, cannabis, and household products. Plastic remains a popular choice for flexibility, while glass appeals for its transparency. Metal ensures durability, and paper/paperboard options align with eco-friendly trends, reflecting the industry's commitment to safety and sustainability.

Access Full Report at https://www.databridgemarketresearch.com/reports/global-child-resistant-packaging-market

Data Bridge Market Research analyses that the Global Child Resistant Packaging Market, which was USD 23.53 billion in 2022, is expected to reach USD 36.06 billion by 2030, and is expected to undergo a CAGR of 5.48 % from 2023 to 2030. Consumer awareness for child-resistant packaging acts as a significant driver for market growth. As consumers become more conscious of safety, the demand for secure packaging solutions rises, influencing the market to innovate and cater to these heightened expectations for safeguarding households and products.

Key Findings of the Study

Child Resistant Packaging Market

Regulatory compliance is expected to drive the market's growth rate

The driver of stringent regulations and guidelines plays a pivotal role in propelling the child resistant packaging market. Mandates for child-resistant packaging in pharmaceuticals, cannabis, and various industries stimulate market demand. Regulatory compliance becomes a priority, compelling businesses to adopt secure packaging solutions. This driver ensures adherence to safety standards and fosters innovation in packaging technologies to meet and exceed these regulations, creating a dynamic and responsive market landscape.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Caps and Closure, Blister and Clamshells, Joint Container Tubes, Bags and Pouches, Cartons, Others), Material Type (Plastic, Glass, Metal, Paper, and Paperboard), Packaging Type (Non-Reclosable Packaging, Special Blister Packaging, Reclosable Packaging), End-User (Pharmaceuticals, Food and Beverages, Cosmetics and Personal Care, Home Care and Toiletries, Chemicals and Fertilizers, Automotive, Cannabis, Tobacco, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

O.Berk Company, LLC (U.S.), Sun Grown Packaging (U.S.), MJS Packaging (U.S.), Kaufman Container (U.S.), Amcor plc (Switzerland), Ecobliss B.V. (Netherlands), Global Closure System (France), WestRock Company (U.S.), Syntegon Technology GmbH (U.S.), WINPAK LTD (Canada), ABC Packaging Direct, (U.S.), Carow Packaging Inc (U.S.), Colbert Packaging (U.S.), Comar (U.S.), Constantia Flexibles (Austria), Gerresheimer AG (Germany), LA Packaging (U.S.), Mold-Rite Plastics (U.S.), Origin Pharma Packaging (U.K.), Parkway Plastics Inc (U.S.)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The global child resistant packaging market is segmented on the basis of product, material type, packaging type, and end-user.

  • On the basis of product, the global child resistant packaging market is segmented into caps and closure, blister and clamshells, joint container tubes, bags and pouches, cartons, others. The caps and closure segment of the product segment is expected to dominate the child-resistant packaging market with 84.38% market share due to its crucial role in providing secure and easily accessible packaging solutions

Caps and closure segment of the product segment is expected to dominate the child-resistant packaging market

The caps and closure segment is expected to dominate the child-resistant packaging market with 84.38% market share due to its crucial role in providing secure and easily accessible packaging solutions, meeting safety standards and consumer preferences across various industries.

  • On the basis of material type, the global child resistant packaging market is segmented into plastic, glass, metal, paper, and paperboard. The plastic segment is expected to dominate the child-resistant packaging market with 65.91% market share due to its widespread adoption, offering a balance between affordability and functionality

Plastic segment of the material type segment is expected to dominate the child-resistant packaging market

The plastic segment is expected to dominate the child-resistant packaging market with a 65.91% market share due to its widespread adoption, offering a balance between affordability and functionality. Plastic provides versatility in design, ease of manufacturing, and effective child-resistant features, making it a preferred choice across pharmaceuticals, cannabis, and various consumer goods industries.

  • On the basis of packaging type, the global child resistant packaging market is segmented into non-reclosable packaging, special blister packaging, and reclosable packaging. The reclosable packaging segment is expected to dominate the child-resistant packaging market 19.65% market share, driven by its convenience and resealing capabilities
  • On the basis of end-user, the global child resistant packaging market is segmented into pharmaceuticals, food and beverages, cosmetics  and personal care, home care and toiletries, chemical and fertilizers, automotive, cannabis, tobacco, and others

Major Players

Data Bridge Market Research recognizes the following companies as the global child resistant packaging market players in global child resistant packaging market are O.Berk Company, LLC (U.S.), Sun Grown Packaging (U.S.), MJS Packaging (U.S.), Kaufman Container (U.S.), Amcor plc (Switzerland), Ecobliss B.V. (Netherlands), Global Closure System (France), WestRock Company (U.S.), Syntegon Technology GmbH (U.S.).

Child Resistant Packaging Market

Market Developments

  • In 2023, ClearBags, a leading American packaging company, broadened its sustainable product line by introducing home-compostable child-resistant bags. These bags, certified by ASTM, specifically target the pharmacy market. The stand-up pouches boast compostable materials, ensuring environmental friendliness. Additionally, they incorporate a high-barrier coating to preserve product freshness and feature child-resistant zippers, aligning with ClearBags' commitment to both sustainability and safety in pharmaceutical packaging
  • In 2023, Pretium Packaging Corp. revealed its acquisition of a prominent Child Resistant Packaging manufacturer. This strategic move enhances Pretium's portfolio, expanding its capabilities in delivering secure packaging solutions. The acquisition aligns with the industry's increasing focus on safety measures and positions Pretium as a key player in meeting the growing demand for child-resistant packaging across diverse sectors, further solidifying its position in the packaging market

Regional Analysis

Geographically, the countries covered in the global child resistant packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in the global child resistant packaging market during the forecast period 2023-2030

North America dominates the child resistant packaging market due to its stringent regulatory environment and a well-established pharmaceutical industry. Stringent regulations mandate child-resistant packaging, driving widespread adoption. The mature pharmaceutical sector in the region prioritizes safety, further fueling the demand for secure packaging solutions. This dominance reflects the region's commitment to consumer protection and aligns with the industry's efforts to meet regulatory standards, creating a robust market for child-resistant packaging.

Asia-Pacific is expected to dominate the global child resistant packaging market in the forecast period 2023-2030

The Asia-Pacific is expected to dominate the child-resistant packaging market due to increasing awareness and adoption of child-resistant packaging. The region's burgeoning pharmaceutical and consumer goods sectors prioritize safety, driving the demand for secure packaging solutions. As awareness spreads and regulatory compliance gains importance, the Asia-Pacific market demonstrates a notable growth rate, reflecting the region's commitment to safeguarding households and products through advanced packaging measures.

For more detailed information about the global child resistant packaging market report, click here – https://www.databridgemarketresearch.com/reports/global-child-resistant-packaging-market


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